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News Link • Government Debt & Financing

When Medicaid Is The Donald's No F*ck Around Zone - It's All Over Except The Shouting

• International Man - David Stockman

At some point a clarifying event occurs which confirms that you are at the end of the road. In this particular case we are talking again about the bothersome subject of fiscal sanity—and the exclamation point the Donald supplied recently when his was trolling the House GOP caucus in behalf of his Big Beautiful Bill.

In order to ensure the extension of his precious (but unpaid for) 2017 tax cut and provide budgetary sanction for a 13% increase in defense spending and 60% rise in outlays for border control, the Donald doesn't want any "grandstanders" upsetting the works:

"Don't f??? around with Medicaid," Trump told lawmakers in the private meeting. Trump had told reporters before the meeting that the bill is not cutting "anything meaningful (from Medicaid)," and instead was focused on "waste, fraud and abuse."

Well, let's see. Along with his defense and border control increases, Trump has ruled out cuts in Social Security, Medicare, veterans benefits and presumably interest on the public debt. So those sacred cows alone account for fully $62 trillion or 66% of total Federal spending over the next 10-years, and today he was commanding the corporal's guard of fiscal hawks left in the GOP caucus to stay away from another $8.2 trillion in Medicaid spending over the decade, too.


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